Spain's eDreams Odigeo valued at $1.5 billion in IPO - source

LONDON, April 2 (Reuters) - Spanish travel firm eDreams
Odigeo is expected to price its initial public offering (IPO) at
10.25 euros a share, a source familiar with the matter said on
Wednesday, valuing the company at 1.075 billion euros ($1.5
billion).

The source said that orders were limited below 10.25 euros a
share and orders below that price risked missing a deal. Another
source told Reuters on Monday that eDreams Odigeo had narrowed
its price range to 10-10.25 euros from an original range of
9.25-11.50 euros.

The company is selling 370 million euros of shares in one of
Spain's first corporate IPOs since 2011. Books are due to close
at 1200 GMT.
($1 = 0.7249 Euros)
(Reporting by Freya Berry)